Oil-Free Compressor Market
Oil-Free Compressor Market Global Industry Assessment & Forecast
Segments Covered
- By Type High and medium pressure compressors, Low pressure compressors(blowers)
- By Application Oil and Gas s, Food and Beverages Processing, Steel, Energy & Power, Textile, Electrical & Electronics, Healthcare, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 11.24 Billion |
Revenue 2028: | 16.36 Billion |
Revenue CAGR (2021 - 2028): | 4.8 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report
delivers an acute breakdown of the market based on various segments such as Type,
Application, and region. The report will cover market
estimations and forecast for each segment by region for the years 2016–2028. Several
growth factors and opportunities impacting various segments have been
incorporated in the report. On
the basis of Type, the market is divided into High and medium pressure compressors, Low pressure compressors(blowers). Epoxy
held the largest share in 2020 and is projected to witness substantial growth
during the forecast period.
Based
on Application, the market is divided into Oil and Gas s, Food and Beverages Processing, Steel, Energy & Power, Textile, Electrical & Electronics, Healthcare, Others. Energy & Mining
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Oil-Free Compressor Market: Type Segment Analysis
-
- High and medium pressure compressors
- Low pressure compressors(blowers)
Global Oil-Free Compressor Market: Application Segment Analysis
-
- Oil and Gas s
- Food and Beverages Processing
- Steel
- Energy & Power
- Textile
- Electrical & Electronics
- Healthcare
- Others
FAQ
Frequently Asked Question
What is the global demand for Oil-Free Compressor in terms of revenue?
-
The global Oil-Free Compressor valued at 11.24 Billion in 2020 and is expected to reach 16.36 Billion in 2028 growing at a CAGR of 4.8%.
Which are the prominent players in the market?
-
The prominent players in the market are MAN Diesel & Turbo, Mitsui, Kobelco, Aerzen, Boge, Hitachi, Compare, Burckhardt Compression (Middle East) FZE, MHI, Gardner Denver, Atlas Copco, Ingersoll Rand, Aerzen, GE, Elliott, Anest Iwata, Sullair, CKG INTERNATIONAL, FZE.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.8% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Oil-Free Compressor include
- The increasing demand for oil free air compressors in various applications is expected to drive the market over the forecast period.
- Furthermore, the increasing emphasis on energy efficiency, energy recovery, and reduction of CO2 emissions is also expected to fuel the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Oil-Free Compressor in 2020.